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20 June 2013
The Australian Business Roundtable for Disaster Resilience and Safer Communities released a White Paper that details a more sustainable and comprehensive approach to managing natural disasters that could ultimately save lives, reduce damage to property and vital national infra-structure, and free taxpayer money to spend on essential public services.
12 December 2012
Insurance Australia Group, Investa Property Group, Munich Re, Optus, Australian Red Cross, and Westpac Group, today announced they had partnered to form The Australian Business Roundtable for Disaster Resilience and Safer Communities.
Coastal erosion can result from heavy sea swells caused by cyclonic conditions. In Australia, most cyclone related property damage occurs in Northern QLD, NT and WA between December and April. Severe cyclones are predicted to occur further south than at present.
Residents of the small town of St George in Southern Queensland register at the Dalby evacuation centre with Red Cross volunteer after the area was flooded in February 2012.
Image source: Australian Red Cross/Jack Tran
Inland flood is a significant issue in Australia, historically accounting for nearly one third of insured losses. From a property damage perspective the worst affected states are NSW and VIC, followed by QLD, SA and WA. The majority of flooding typically occurs from April to October.